Shell reconsidering bidding in Norway’s offshore wind farm
Shell may consider backing down from the tendering process of Norway’s first commercial offshore wind farm, due to…
Egypt’s c. bank issues EGP 70 bln T-bills
The Central Bank of Egypt (CBE) is auctioning off 70 billion Egyptian pounds in treasury bills (T-bills) on…
Japan’s Nikkei cruises to 34-year peak
The Nikkei Stock Average closed at 38,157 on Thursday, marking a 1.2 per cent increase from the previous day and…
European banks struggle with $1.5 tn loans for property industry
The European banks have approximately 1.4 trillion euros ($1.50 trillion) in loans allocated to the beleaguered…
Yen bets hit six-year high
Since the open interest for near-dated yen futures contracts reached a six-year high, traders have piled into…
S. Korea pledges $57 bln to support SMEs
South Korea set up a $56.97 billion financial aid programme to assist companies investing in vital sectors and…
Japan’s Renesas to acquire Altium for $5.9 bln
Japan’s Renesas Electronics Corporation announced on Thursday that it will acquire ASX-listed Altium Limited for…
Fuel sales up in Singapore
Fuel sales at one of the busiest ports in the world are rising as a result of the Red Sea shipping crisis.
SpaceX incorporation takes off to Texas
SpaceX, the rocket company, has relocated its state of incorporation from Delaware to Texas, Reuters reported on…
India’s Reliance eyes Disney’s stake in Tata Play
Reliance Industries, owned by billionaire Mukesh Ambani, is negotiating to acquire Walt Disney’s 29.8 per cent…
